Industry News

News Bullet

Budget 2013 allocates RM1.9bil for affordable housing

KUALA LUMPUR: The Budget 2013 promised a RM1.9 billion allocation to build 123,000 affordable housing units in strategic locations.80,000 of the homes are to be built in key locations nationwide, with...


News Bullet

Glomac announces higher Q1 net profits

KUALA LUMPUR: Glomac Bhd has announced a RM23.79 million net profit for the first quarter ended July 31 2012, marginally better than RM23.63 million registered in the same previous quarter.Net profit ...


News Bullet

Ireka Corp lines up RM1.9bil worth of projects

KUALA LUMPUR: Ireka Corp Bhd plans to launch projects worth RM1.9 billion over the next five years as the company is upbeat about the prospects of the real estate sector, despite the sluggish global e...